Treasury seeks more oversight of all-cash real estate deals
Treasury seeks more oversight of all-cash real estate deals
By Aamer Madhani | The Associated Press
The Biden administration is looking to expand reporting requirements on all-cash real estate deals to help crack down on bad actors’ use of the U.S. market to launder money made through illicit activity.
The Treasury Department was posting notice Monday seeking public comment for a potential regulation that would address what it says is a vulnerability in…
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